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Net Worth To Be In America's Upper Middle u0026 Lower Class

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District Capital

NET WORTH TO BE IN AMERICA'S UPPER, MIDDLE & LOWER CLASS | What net worth puts you in America's upper, middle & lower class? We use the US Census Data to find out. Net worth serves as an indicator of financial wellbeing, reflecting the value of an individual’s assets minus liabilities.

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0:00 Net Worth To Be In America's Upper, Middle & Lower Class
0:26 What is net worth?
1:12 Average vs median vs top 1%
1:52 Median net worth vs median net income
2:35 The numbers
2:45 Lowest 20%: Poverty class
3:38 Next 20%: Lower middle class
4:28 Middle 20%: Middle class
5:03 Next 20%: Upper middle class
5:31 Top 20%: Wealthy
5:53 The power of compound interest
6:47 5 tips to increase your net worth

**RECOMMENDED READING LIST**
The OnePage Financial Plan by Carl Richards (easy read, holistic + fun graphics!) https://amzn.to/35NH54Z

Simple, Smart Investing by Ian Kennedy (can help you construct your investment portfolio)
https://amzn.to/32GRJbJ

A Random Walk Down Wall Street by Burton G. Malkiel (classic book that sold me on index funds) https://amzn.to/2H7pbzS

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● WHO AM I?
Jessica Hanneman is Marketing Specialist at District Capital Management, an independent, feeonly financial planning firm. They help professionals and entrepreneurs in their 30s and 40s elevate their finances and maximize their money.

● DISCLAIMERS
This content is for education and entertainment purposes only. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

If we respond to questions, it's only for educational purposes & not considered as advice.

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posted by maribolherasld